Silver Oak Securities Incorporated Purchases New Shares in SharkNinja, Inc. (NYSE:SN)

Silver Oak Securities Incorporated bought a new position in SharkNinja, Inc. (NYSE:SN) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 5,115 shares of the company’s stock, valued at approximately $490,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Stifel Financial Corp increased its stake in shares of SharkNinja by 2.1% during the 3rd quarter. Stifel Financial Corp now owns 4,790 shares of the company’s stock worth $521,000 after purchasing an additional 100 shares during the last quarter. CIBC Asset Management Inc lifted its holdings in SharkNinja by 3.6% during the 3rd quarter. CIBC Asset Management Inc now owns 4,026 shares of the company’s stock worth $438,000 after purchasing an additional 139 shares in the last quarter. Signaturefd LLC lifted its holdings in SharkNinja by 104.6% during the 3rd quarter. Signaturefd LLC now owns 356 shares of the company’s stock worth $39,000 after purchasing an additional 182 shares in the last quarter. Avior Wealth Management LLC boosted its stake in SharkNinja by 6.4% in the 4th quarter. Avior Wealth Management LLC now owns 5,139 shares of the company’s stock worth $500,000 after purchasing an additional 310 shares during the period. Finally, Hollencrest Capital Management purchased a new position in SharkNinja during the 3rd quarter valued at about $54,000. Hedge funds and other institutional investors own 34.77% of the company’s stock.

SharkNinja Stock Down 0.2 %

SN opened at $113.92 on Friday. The business’s fifty day simple moving average is $103.64 and its 200 day simple moving average is $99.08. SharkNinja, Inc. has a 52 week low of $48.05 and a 52 week high of $115.87. The company has a quick ratio of 0.95, a current ratio of 1.67 and a debt-to-equity ratio of 0.42. The stock has a market cap of $15.94 billion, a PE ratio of 44.68, a P/E/G ratio of 1.59 and a beta of 1.13.

Wall Street Analyst Weigh In

A number of research firms have recently commented on SN. Canaccord Genuity Group raised their price objective on shares of SharkNinja from $128.00 to $129.00 and gave the company a “buy” rating in a research report on Wednesday, January 8th. JPMorgan Chase & Co. raised their price target on shares of SharkNinja from $120.00 to $127.00 and gave the company an “overweight” rating in a report on Thursday, January 16th. The Goldman Sachs Group upped their price target on shares of SharkNinja from $102.00 to $123.00 and gave the stock a “buy” rating in a report on Monday, October 21st. Morgan Stanley lifted their price objective on SharkNinja from $80.00 to $93.00 and gave the company an “equal weight” rating in a research note on Friday, November 1st. Finally, Jefferies Financial Group upped their target price on SharkNinja from $115.00 to $150.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $117.28.

SharkNinja Company Profile

SharkNinja, Inc, a product design and technology company, engages in the provision of various solutions for consumers worldwide. It offers cleaning appliances, including corded and cordless vacuums, including handheld and robotic vacuums, as well as other floorcare products comprising steam mops, wet/dry cleaning floor products, and carpet extraction; cooking and beverage appliances, such as air fryers, multi-cookers, outdoor and countertop grills and ovens, coffee systems, carbonation, cookware, cutlery, kettles, toasters and bakeware; food preparation appliances comprising blenders, food processors, ice cream makers, and juicers; and beauty appliances, such as hair dryers and stylers, as well as home environment products comprising air purifiers and humidifiers.